Firings and Executive Actions: Trump Administration Wastes No Time

Originally published at: https://peakprosperity.com/daily-digest/firings-and-executive-actions-trump-administration-wastes-no-time/

US Politics

President Donald Trump has enacted a series of executive orders, including withdrawing from the World Health Organization and revoking security clearances for 51 intelligence agents linked to the Hunter Biden laptop controversy. These actions are part of a broader agenda that reportedly includes significant changes to immigration policies, such as dismissing immigration judges and leaders, and ordering water reroutes to Southern California to address water shortages. Trump’s executive orders also reportedly target gender and diversity policies, trade practices, and energy regulations, with a focus on domestic energy production and infrastructure development. Critics argue these moves could face legal challenges, particularly concerning immigration and environmental regulations.

In a reported shake-up, Trump plans to remove over 1,000 appointees from the Biden administration, aiming to replace them with individuals aligned with his vision. Other planned moves include pardoning Ross Ulbricht and revoking protections for transgender troops, among other actions. Trump’s administration is also addressing the cost-of-living crisis, restoring freedom of speech, and ending government actions against political adversaries. These measures have reportedly garnered significant public support, with some Americans favoring a return to perceived normalcy and stability. However, concerns about the erosion of judicial independence and potential overreach have been raised by legal experts and advocacy groups.

Economy

Germany’s economy is reportedly facing challenges, contracting for the second consecutive year in 2024 with limited optimism for 2025. This stagnation, which does not fit the traditional recession mold, is observed globally, affecting trade and labor markets. Canadian exports and imports have reportedly plateaued since mid-2022, while Japan and China are experiencing similar economic stagnation. The global economy’s stalled recovery, attributed to pandemic-related distortions, has left policymakers addressing rising unemployment and corporate layoffs, as seen with Siemens and Bosch in Germany. This economic situation has reportedly led to political instability in Germany and other nations. Amidst these challenges, the European Central Bank has been adjusting its monetary policy to stimulate growth, with further easing deemed necessary by ECB Chief Economist Philip Lane.

The rise of shadow banks, such as BlackRock and Rocket Mortgage, has reportedly reshaped global finance, stepping in where traditional banks retreated post-2008. These entities, while providing essential credit services, add complexity and opacity to the financial system. Their reliance on wholesale markets for funding makes them vulnerable to disruptions, prompting regulatory concerns. In November 2023, U.S. financial officials introduced a framework to designate certain financial firms as systemically important, reflecting the growing influence and potential risks posed by shadow banks. European regulators are also grappling with oversight challenges, as highlighted by the ECB’s push for more transparency and risk management among these entities.

Health

Dr. Anthony Fauci, despite receiving a pardon from President Biden, faces potential legal challenges related to his alleged perjury during the COVID-19 pandemic. Critics argue that the pardon does not eliminate all legal risks, particularly concerning his agency’s connections to the Wuhan lab. Senators Rand Paul and Ron Johnson reportedly plan to continue investigating the origins of COVID-19, with Fauci potentially facing questions about past statements. The Department of Justice has received referrals to prosecute Fauci for perjury, as his handling of the pandemic remains divisive. Reports indicate Fauci’s involvement in controversial studies at the Wuhan lab, funded by his agency, leading to calls for an independent investigation. Supporters of Fauci argue that the attacks are politically motivated, emphasizing his contributions to public health.

Sources

Germany’s Economic Enigma: The Recovery That Wasn’t

Germany’s GDP shows that the economy stopped recovering three years ago, and there’s no sign it’s going to restart.

Source | Submitted by rhollenb

TSA Administrator David Pekoske Reportedly Fired

FIRED: CNN is reporting that the David Pekoske the TSA Administrator who put @TulsiGabbard on “Quiet Skies” terrorist watch list has been fired.

Source

Shadow Banks: The Invisible Giants Reshaping Global Finance

Shadow banks have stepped in and filled a massive role vacated by the retreat of regulated banks in the wake of the 2008 monetary and banking crisis.

Source | Submitted by rhollenb

Trump Signs Executive Order to Withdraw from World Health Organization

President Trump just signed a huge executive order to withdraw from the World Health Org.

Source | Submitted by thecountmc

Trump’s Executive Orders: A Return to ‘Normalcy’ or Controversial Overreach?

The executive orders are truly a thing of beauty.

Source

Trump Revokes Security Clearance for 51 Intel Agents Over Hunter Biden Laptop Controversy

Trump just revoked security clearance for the 51 intel agents who lied about Hunter Biden’s laptop

Source | Submitted by Chris Martenson

Fauci’s Legal Labyrinth: Biden’s Pardon and the Unanswered Questions

Despite Biden Pardon, Fauci Still Faces Legal Perils.

Source

Trump Orders Water Reroute to Southern California, Prioritizing People Over Fish

Trump has ordered more water be routed to southern California, which has been grappling with fires and lack of water.

Source

Trump Dismisses Immigration Judges and Leaders, Prompting Shock Among Officials

President Trump has now begun FIRING immigration judges and senior immigration leadership, ‘stunning officials,’ per NYT and CNN

Source

Ross Ulbricht Pardon Expected in Initial Executive Actions, Sources Claim

Ross Ulbricht will be pardoned in the early rounds of executive actions, inside WH sources confirm.

Source

Trump’s “You’re Fired” Redux: Over 1,000 Biden Appointees to be Ousted in Sweeping Shake-Up

“My Presidential Personnel Office is actively in the process of identifying and removing over a thousand Presidential Appointees from the previous Administration, who are not aligned with our vision to Make America Great Again,” Trump said in a post on Truth Social just after midnight.

Source

In addition to sources submitted by community members, the following were also used in the creation of this report: ECB X post, Bloomberg, Reuters, Financial Times, The Guardian (UK), The Washington Post, and The Hill.

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I read the Google news feed every morning so as to find out what narratives are being pushed by the Oligarchy.

Usually, it is painful process wading through one bit of propaganda after another.

Today it was a combination of levity and relief.

It was levity and relief since the “news” feed was lamenting many of Trump’s actions as if “everyone agreed” that they were awful when, in fact, a majority of American voters booted the Democrats out of office because Biden’s policies were so horrific.

Withdraw from the WHO? “Alright, fantastic.” Restore freedom of speech? “Thank god.” Release political prisoners? “Justice, finally.”

The Oligarch media was preaching to a country that no longer believed a word that they were saying. It was a hilarious display of Oligarchic self-absorption.

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Shadow Banking. The term seems to be in the deepest of shadows yet it is more economically influential than the Federal Reserve System. Trying to get a grip on the SB system is slippery and deep. Interested?
Start point: https://www.imf.org/en/Publications/fandd/issues/Series/Back-to-Basics/Shadow-Banks

The lawsuits have already started!

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It is all truly stunning. I feel like I just entered an alternate universe.

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Sure seems like somebody watched CGP Grey’s “Rules for Rulers” before taking office this time around. Tossing out all the old “keys”.

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Thanks for this link. So governments are moving towards CBDC’s to control citizen’s money but will they still allow shadow banks with their lack of regulation and transparency?